Log In/Sign Up
Your email has been sent.
Corner Property in a Prime Subway Location 6902 Roosevelt Ave 3,500 SF Retail Building Flushing, NY 11377 $3,396,958 CAD ($970.56 CAD/SF) 8.03% Cap Rate
Investment Highlights
- High-traffic location in one of Queens’ most active commercial corridors. Nonstop pedestrian and vehicle flow
- Exceptional flexibility for new ownership
- Rare investment opportunity offering both stable income and significant value-add potential
- Premier corner commercial property on Roosevelt Ave with unmatched visibility
- Strong demographics and proven retail demand driving long-term appreciation
Executive Summary
Building Size: 25’ × 70’, Approx. 1,750 SF per floor
1st Floor + 2nd Floor + Finished Basement
Restaurant tenant paying $15,200/month (Month-to-Month) for the whole building.
Projected NOI:$200,000.
Significant rental upside potential
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Ideal for investor or owner-user!
All-cash offers only.
1st Floor + 2nd Floor + Finished Basement
Restaurant tenant paying $15,200/month (Month-to-Month) for the whole building.
Projected NOI:$200,000.
Significant rental upside potential
Corner Property with exceptional visibility
High-traffic Roosevelt Ave location
Ideal for investor or owner-user!
All-cash offers only.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$353,611
|
$101.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$353,611
|
$101.03
|
| Taxes |
$52,609
|
$15.03
|
| Operating Expenses |
$16,591
|
$4.74
|
| Total Expenses |
$69,200
|
$19.77
|
| Net Operating Income |
$284,411
|
$81.26
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $353,611 |
| Annual Per SF | $101.03 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $353,611 |
| Annual Per SF | $101.03 |
| Taxes (CAD) | |
|---|---|
| Annual | $52,609 |
| Annual Per SF | $15.03 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,591 |
| Annual Per SF | $4.74 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $69,200 |
| Annual Per SF | $19.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $284,411 |
| Annual Per SF | $81.26 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1931
Price
$3,396,958 CAD
Price Per SF
$970.56 CAD
Cap Rate
8.03%
NOI
$272,848 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.01
Lot Size
0.04 AC
Zoning
R6, C1-4 - medium-to-high-density residential,C1-4 typically signifies a commercial overlay on residential districts, permitting small-scale local retail
Frontage
25’ on Roosevelt Ave
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01301-0025 | Total Assessment | $556,836 CAD |
| Land Assessment | $87,651 CAD | Annual Taxes | $52,609 CAD ($15.03 CAD/SF) |
| Improvements Assessment | $469,185 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
01301-0025
Land Assessment
$87,651 CAD
Improvements Assessment
$469,185 CAD
Total Assessment
$556,836 CAD
Annual Taxes
$52,609 CAD ($15.03 CAD/SF)
Tax Year
2025
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Corner Property in a Prime Subway Location | 6902 Roosevelt Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.